Venture Capital

Lilly’s Social Impact Venture Capital Portfolio Grows To Over $300 Million

By Annie Baker ● May 25, 2023

Eli Lilly and Company recently allocated an additional $50 million to its now $300 million Social Impact Venture Capital Portfolio, which reflects the company's commitment to going beyond the medicines it makes to have a positive impact on patients and society through for-profit investments.

RX3 Growth Partners: Second Fund Closes At Nearly $150 Million

By Noah Long ● May 25, 2023

RX3 Growth Partners announced the closing of its second fund, oversubscribed at nearly $150 million.

Percent Pulls In $30 Million In Funding To Build A Private Credit Market Platform

By Amit Chowdhry ● May 25, 2023

Percent - a platform that has created a modern credit marketplace - announced the successful close of a $29.7 million Series B funding round, more than doubling the company’s total funding at $48.2 million.

Fivetran: Automated Data Movement Company Receives $125 Million In Funding

By Annie Baker ● May 24, 2023

Fivetran - a global leader in automated data movement - announced $125 million in financing from Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic credit and financing partner focused on the enterprise software, data, and technology markets.

Restaurant365: Restaurant Enterprise Management Platform Lands $135 Million Funding

By Amit Chowdhry ● May 24, 2023

Restaurant365 - an industry leading all-in-one restaurant enterprise management software - announced recently it has agreed to a $135 million funding round co-led by global investment firms KKR and L Catterton with participation from current investors, including ICONIQ Growth and Bessemer Venture Partners.

Marble: $4.2 Million Funding Received For Controlling Insurance In One Place

By Dan Anderson ● May 23, 2023

Marble - a free platform that makes it easy and rewarding to take control of all your insurance in one place - has announced a seed plus investment of $4.2 million along with the launch of new features including Rate Watch, Automated Shopping, and Apple Wallet Integration.

Tenon: Enterprise Marketing Workflow Company Lands $3 Million Seed Round

By Noah Long ● May 23, 2023

Tenon - an enterprise marketing workflow company - announced recently it has raised a $3 million seed round led by High Alpha and ServiceNow Ventures. Built on ServiceNow, Tenon will use the funds to expand its team and advance its product.

Quilt: $9 Million Raised To Develop Advanced Residential Heat Pump Systems

By Annie Baker ● May 23, 2023

Quilt - the creators of an advanced ductless heat pump system for residential use - announced recently that it has closed a $9 million seed funding round of funding led by Lowercarbon Capital and Gradient Ventures.

TDK Ventures: $150 Million Raised For Investing In Materials Science Companies

By Dan Anderson ● May 23, 2023

TDK announced that subsidiary TDK Ventures will launch its third fund, totaling $150 million in new capital.

PhonePe: $100 Million Additional Investment From General Atlantic And $12 Billion Valuation

By Amit Chowdhry ● May 23, 2023

PhonePe - the largest payments app in India - announced it has secured an additional $100 million investment from General Atlantic as part of an ongoing fundraising effort.

Instawork: $60 Million Raised For Connecting Businesses With Skilled Hourly Workers

By Annie Baker ● May 23, 2023

Instawork - a leading platform for connecting businesses with skilled hourly workers - announced recently it raised $60 million in a Series D funding round led by TCV, with participation from new investors 9Yards Capital, Larry Fitzgerald Jr., and existing investors including Benchmark, Spark Capital, Craft Ventures, and Greylock.

Hippocratic AI: $50 Million Raised For Developing Artificial Health General Intelligence

By Amit Chowdhry ● May 23, 2023

Hippocratic AI recently launched out of stealth to announce the industry’s first safety-focused Large Language Model (LLM) designed specifically for healthcare and a $50 million seed round co-led by General Catalyst and Andreessen Horowitz.

Lucem Health: Transformational Clinical AI Technology Company Secures $7.7 Million

By Dan Anderson ● May 22, 2023

Lucem Health - a leading provider of transformational clinical AI technology and solutions - announced that it has closed a Series A funding round of $7.7 million.

Moonfare: Core Portfolio II Closed At Over €100 Million

By Amit Chowdhry ● May 22, 2023

Global private equity platform Moonfare announced it has hit a strategic milestone with the final close of its second core portfolio Moonfare Core Portfolio II (Core II), which surpassed its fundraising target and propelled a proprietary Moonfare portfolio beyond the €100 million mark for the first time.

Huntress: Managed Security Platform Company Raises $60 Million

By Amit Chowdhry ● May 22, 2023

Huntress - a leading managed security platform for small and mid-sized businesses (SMBs) - announced the closing of a $60 million Series C investment round led by Sapphire Ventures with participation from existing investors Forgepoint Capital and JMI Equity.

Nivoda: Diamond And Jewelry B2B Marketplace Company Secures $11 Million

By Annie Baker ● May 22, 2023

Nivoda - a B2B marketplace for diamonds and jewelry - announced it has raised an $11 million Series A led by Headline.

Sensydia: Cardiac Assessment Platform Company Raises $8 Million

By Noah Long ● May 22, 2023

Sensydia - a non-invasive cardiac assessment company - announced it has raised approximately $8 million in a new round of funding from an expanded syndicate of investors.

SWAPP: Architectural Construction Document Automation Company Secures $11.5 Million

By Dan Anderson ● May 22, 2023

SWAPP - a leading provider of automation software for architectural construction documents - announced the successful closing of an $11.5 million Series A funding round.

1touch.io: $14 Million Raised For Sensitive Data Intelligence Solutions

By Annie Baker ● May 22, 2023

1touch.io - a provider of Inventa, a sensitive data intelligence solution powered by advanced machine learning- announced that it has secured a $14 million series B round led by Neotribe Ventures with continuing support from National Grid Partners and Ocean Azul Partners.

Mayfield: $955 Million Raised Across 2 New Funds Focused On Early Stage Investing

By Amit Chowdhry ● May 21, 2023

Mayfield - a top-tier early-stage investor - recently announced that it has raised a total of $955 million across 2 venture capital funds to continue its focus on being a champion of entrepreneurs. The $580 million Mayfield XVII and the $375 million Mayfield Select III follows the $750 million raised by prior funds in March 2020, which brought the firm’s total assets under management (AUM) to $3 billion.

Optery: $2.7 Million Closed For Scaling Personal Data Removal

By Annie Baker ● May 21, 2023

Optery - a company that offers a free service for finding your personal data on hundreds of data broker websites - announced that it raised an additional $2.7 million in seed funding to modernize and scale personal data protection for consumers and businesses.

Cloudburst Technologies: Cyber Threat Intelligence Solutions Company Raises $3 Million

By Noah Long ● May 21, 2023

Cloudburst Technologies - a leading provider of cyber threat intelligence solutions company focused on digital currency/cryptocurrency fraud - announced recently the closing of a $3 million seed investment round.

Aurum Equity Partners: $250 Million Launch For Global PE Fund

By Amit Chowdhry ● May 21, 2023

Aurum Equity Partners - a leading investor in fast-growing digital infrastructure real estate data center assets - announced the launch of a $250 million global private equity fund plan to close the first quarter of 2024.

Golioth: Industrial Internet Of Things Developer Platform Company Secures $4.6 Million

By Dan Anderson ● May 21, 2023

Golioth - a leading developer platform for the Industrial Internet of Things (IIoT) - recently announced open access to a library of new reference designs for embedded engineers to accelerate their time to market, the launch of a Select Partner Program for energy and construction developers, and a $4.6 million round of seed funding led by Blackhorn Ventures and Differential Ventures with participation from existing investors, Zetta Venture Partners, MongoDB Ventures and Lorimer Ventures.

bolttech: $196 Million And $1.6 Billion Valuation

By Amit Chowdhry ● May 21, 2023

bolttech announced it raised US$196 million in connection with Series B with an up-round valuation of US$1.6 billion.

Lagrange Labs: $4 Million Raised For Zero-Knowledge Cross-Chain Interoperability

By Amit Chowdhry ● May 21, 2023

Lagrange Labs - a zero-knowledge startup driving cross-chain interoperability - announced it raised $4 million in a pre-seed round led by 1kx and joined by Maven11, Lattice Fund, CMT Digital, Daedalus Angels, and several more.

PermitFlow: $5.5 Million Raised For Streamlining Permit Applications For Builders

By Annie Baker ● May 19, 2023

PermitFlow - a construction permit application and management software for builders and owners - announced it has raised a $5.5 million seed round led by Initialized Capital

Bloomfilter: Process Intelligence Platform Company Secures $7 Million

By Noah Long ● May 19, 2023

Bloomfilter - a process intelligence platform for software development - recently announced the closing of a $7 million seed round of capital. This funding round included $5.5 million of equity financing led by Magarac Venture Partners (MVP) with participation from Sequoia, HPA, North Coast Ventures, Techstars, and others along with $1.5 million of venture debt from Pacific Western Bank.

Solarea Bio: $15 Million Raised For Developing Food-Derived Microbial-Based Solutions

By Annie Baker ● May 18, 2023

Solarea Bio - a clinical-stage biotechnology company based in Cambridge, Mass. developing food-derived microbial-based solutions to aid human health - announced recently a first closing of $15 million in a Series B financing led by S2G Ventures with the continued participation of Bold Capital Partners, Viking Global Investors, and GG 1978 SICAF SIF. There is a total of up to $25 million targeted for this round of financing.

Smart: Global Retirement Fintech Company Raises $95 Million

By Amit Chowdhry ● May 18, 2023

Smart - a global retirement FinTech company that entered the US in 2020 - recently announced it has closed its $95 million Series E funding round, which was led by Aquiline Capital Partners LLC. Existing investors participating in the round included Chrysalis Investments, Fidelity International Strategic Ventures, DWS, Barclays and Natixis Investment Managers.

Venture Capital

Lilly’s Social Impact Venture Capital Portfolio Grows To Over $300 Million

RX3 Growth Partners: Second Fund Closes At Nearly $150 Million

Percent Pulls In $30 Million In Funding To Build A Private Credit Market Platform

Fivetran: Automated Data Movement Company Receives $125 Million In Funding

Restaurant365: Restaurant Enterprise Management Platform Lands $135 Million Funding

Marble: $4.2 Million Funding Received For Controlling Insurance In One Place

Tenon: Enterprise Marketing Workflow Company Lands $3 Million Seed Round

Quilt: $9 Million Raised To Develop Advanced Residential Heat Pump Systems

TDK Ventures: $150 Million Raised For Investing In Materials Science Companies

PhonePe: $100 Million Additional Investment From General Atlantic And $12 Billion Valuation

Instawork: $60 Million Raised For Connecting Businesses With Skilled Hourly Workers

Hippocratic AI: $50 Million Raised For Developing Artificial Health General Intelligence

Lucem Health: Transformational Clinical AI Technology Company Secures $7.7 Million

Moonfare: Core Portfolio II Closed At Over €100 Million

Huntress: Managed Security Platform Company Raises $60 Million

Nivoda: Diamond And Jewelry B2B Marketplace Company Secures $11 Million

Sensydia: Cardiac Assessment Platform Company Raises $8 Million

SWAPP: Architectural Construction Document Automation Company Secures $11.5 Million

1touch.io: $14 Million Raised For Sensitive Data Intelligence Solutions

Mayfield: $955 Million Raised Across 2 New Funds Focused On Early Stage Investing

Optery: $2.7 Million Closed For Scaling Personal Data Removal

Cloudburst Technologies: Cyber Threat Intelligence Solutions Company Raises $3 Million

Aurum Equity Partners: $250 Million Launch For Global PE Fund

Golioth: Industrial Internet Of Things Developer Platform Company Secures $4.6 Million

bolttech: $196 Million And $1.6 Billion Valuation

Lagrange Labs: $4 Million Raised For Zero-Knowledge Cross-Chain Interoperability

PermitFlow: $5.5 Million Raised For Streamlining Permit Applications For Builders

Bloomfilter: Process Intelligence Platform Company Secures $7 Million

Solarea Bio: $15 Million Raised For Developing Food-Derived Microbial-Based Solutions

Smart: ​​Global Retirement Fintech Company Raises $95 Million

Smart: Global Retirement Fintech Company Raises $95 Million